Profitable Global Booking Platform Set For Scalable Growth in 2016
Booking Live helps customers convert more bookings online with excellent customer experience to manage orders, capacity and resources on any device, online or at point of sale. Excellent brand reputation and product demand used by clients including NHS, Sky, Baku 2015 Games and TFL. 36.5% net profit in 2015 supported by multiple revenue streams and a recurring subscription model that will grow rapidly in 2016. An exceptional management team with a track record of building software applications and a vision to become the obvious choice for any scheduled event.
PRODUCTS & SERVICES
Booking Live is a feature rich scalable and modular product including bookings, payments, voucher sales and redemptions, EPOS, memberships, CMS, reports and a ton of integrations.
Our roadmap provides ongoing development to a range of enterprise clients who are supported with additional services including setup, training, web design, SEO and more.
New product lines are planned to support the core product including:
• Launching a SAAS freemium model for global expansion
• Launching a daily deals style product for live availability
• Selling “big data” insights.
Clients find that multiple systems including paper and spreadsheets are inefficient for managing their business and cannot make key business decisions from insights and reports. Processes aren’t automated and their customers find it difficult to book online at any time, anywhere.
With Booking Live, customers value bespoke development, excellent support and continuous product innovation. Booking Live helps businesses improve efficiency and increase sales. Clients can manage products, resources and availability on any device, online or at point of sale.
Customers benefit from engaging web content, 24/7 booking availability and services such as postcode lookups, automated SMS and emails.
Booking Live are privately funded with no prior investment. Booking Live have a £200,000 recurring revenue from annual subscription fees and a low churn rate. Subscription fees are from £50 – £3000 pcm per client
Revenue is generated through:
• A setup fee (training, development and consultancy)
• A monthly subscription fee (support and hosting)
• Add-on service fees (SMS, postcode lookups, SSL, EPOS hardware, EPOS licences etc)
Clients that exceed their allocated volume of bookings per month are charged £0.20 per additional booking.
Booking Live anticipate revenue of £3.7m in Year 3 with a net profit of 50.6%. Booking Live anticipate a trade sale upon exit in 3-5 years.